2nd THURSDAY 5:15pm
Event Location Administrator Event Duration
Residential Site Valuation and Cost Approach (R-8) Manhattan Jeff Beal 15.0hr

ResidentialSite Valuation and Cost Approach is part of the residential appraisal series ofclasses and a prerequisite course for obtaining a license as a  Trainee, Licensed Residential,  Certified Residential or Certified GeneralAppraiser.

Thiscourse is designed to meet the 15 hours required by the AppraiserQualifications Board and the State of New York for Qualifying Education for anyclass of real estate Appraiser.  Studentswill need to take and pass this course before they apply for any class ofappraisal license.

Thiscourse will help students gain valuable insight and a working knowledge of thevarious theories and methodologies for performing residential site valuationand developing the Cost Approach in appraisal

practice.  Various costing methods will be discussed andapplications of the cost approach in residential appraising will beexamined.  The important distinctionbetween Replacement Cost New and Reproduction Cost New will be discussed, alongwith an in-depth look at accepted methods for estimating accrueddepreciation.    A calculator (HP12C)is  recommended.

Classroom sessions blend theory and practice to engage students. The concepts arereinforced through classroom discussion, drill problems and periodicdiagnostic.   By successfully completingthe course and exam, you will have met the states’ education requirements inthe content area identified as “Residential Site Valuation and the Cost Approach”. 

Jeffrey Beal, CSA-G has more than 30 years of experience in multiple phases of the real estate industry and has been a licensed Certified General Appraiser since 1992. He has consulted and testified as an expert in local, state and federal cases in all types of matters related to a wide variety of real property or interests in same were there is an issue of valuation, loss in value or of damages. 

He is a NYS Department of Transportation approved appraiser, as well as being a New York State approved real estate appraisal, real estate instructor and trainee supervisor. He is also certified by the Appraisal Foundation to teach the National Uniform Standards of Professional Appraisal Practice nationwide. 

He is an practicing Small Claims Assessment Review Hearing Officer and also on the New York State Court System Part 36 list as an approved appraiser. In addition he is a Regional Advisor to the Department of State.

Jeffrey J. Beal is a a past President and designated member of the Columbia Society of Real Estate Appraisers and holds its CSA-G designation. He is a practicing affiliate member of the Appraisal Institute,a past President of the New York Condemnation Conference and a member of the Real Estate Board of New York.